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...more than a rhetorical flourish. Within a generation, Thailand was transformed from an exotic R&R playground for American soldiers fighting in Vietnam into Southeast Asia's manufacturing base, the world's top rice exporter and one of the most inviting vacation destinations on the planet. Yet even though per capita annual incomes reached nearly $4,000 in 2009, many Thais are still stuck in rice paddies or fish canneries wondering how the nation's economic boom bypassed them. Thailand now has one of the worst income disparities in the region. The 100,000-plus red shirts who have descended...

Author: /time Magazine | Title: Thailand: Why the Reds Are in Revolt | 4/5/2010 | See Source »

...million worldwide) and last weekend's topper, How to Train Your Dragon (already closing in on $100 million domestic). Apparently audiences are insatiable for movies for which they have to wear goggles. The Hollywood bosses like them too, since they can charge an extra $3 or $4 per ticket for the privilege of seeing a movie like Clash that is retrofitted with no other purpose than greed. This time, audiences responded to the saturation marketing campaign and ignored the mostly negative reviews. (Perhaps they read TIME's contrarian review of Clash of the Titans and decided to give the movie...

Author: /time Magazine | Title: Box-Office Weekend: Cash of the Titans | 4/4/2010 | See Source »

...reason? Over the past 15 years, fees at Irish universities that cover the cost of registration, exams and student services have gone from the equivalent of $240 per student to nearly $2,000. On top of that, the government cut funding to universities by 5% last year, and Sullivan expects another 5% cut this year. "It's a time of famine," he says, adding that even though students don't show up in the country's grim unemployment rate (currently 13.1%), they have become the hidden victim of the recent financial crisis. "The last thing you eat is your seeds...

Author: /time Magazine | Title: Europe's Education Crisis: College Costs Soar | 4/4/2010 | See Source »

...Taxpayers are becoming increasingly aware of the high cost of France's higher-education system, which has little selectivity - virtually anyone who wants to study at a university can do so for about $540 per year. The government subsidizes the remaining cost per student, which can be as high as $16,160 per year. An increase in the number of students can also mask the growing unemployment problem in France, according to François Ameli, a professor of international law at Université Paris 1 Panthéon-Sorbonne. "The philosophy of France [on higher education] is a mass...

Author: /time Magazine | Title: Europe's Education Crisis: College Costs Soar | 4/4/2010 | See Source »

...paralyze us, Ackerman suggests looking at the potential costs of climate change differently. "You don't buy fire insurance on your house because you think it's going to burn down, but because you're not completely sure that it won't," he says. He says about 3% of per capita income is what is needed to protect against climate change: the amount people typically spend on insurance. We could think of it as collective property - or life - insurance...

Author: /time Magazine | Title: Putting a Price Tag on the Melting Ice Caps | 4/3/2010 | See Source »

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